Anshul Jain is bullish on M&M shares in the short term, noting a technical breakout from a 40-day double-bottom formation above the crucial ₹3,300 level, supported by strong volumes and a bullish gap. A sustained hold above ₹3,300 would confirm the breakout, paving the way towards a target of ₹3,420, with ₹3,300 now acting as immediate support.

Anshul Jain’s track record: 3 graded calls · 95% CI 6–79%

Mahindra & MahindraBullishCalled 06 May 2026Graded 27 Jun 2026
Verdict:MISS

Mahindra & Mahindra shares dropped from ₹3370.70 to ₹3121.60, a decrease of -7.39% in 21 days, contrary to the bullish call and target of ₹3,420.

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